Revenue from Contract with Customer (Tables)

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Schedule of disaggregation of revenues [Table Text Block]

The following tables present revenue disaggregated by segment on an adjusted operating basis with a reconciliation of segment revenues to those reported on the Consolidated Statements of Operations:

	Three Months Ended March 31, 2019
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	429	$	—	$	—	$	—		$	429	$	—	$	429
Institutional	—		104		—		—		—			104		—		104
Advisory fees	725		—		—		—		—			725		—		725
Financial planning fees	69		—		—		—		—			69		—		69
Transaction and other fees	84		46		13		2		—			145		—		145
Total management and financial advice fees	878		579		13		2		—			1,472		—		1,472
Distribution fees:
Mutual funds	171		57		—		—		—			228		—		228
Insurance and annuity	205		41		79		7		2			334		—		334
Other products	185		—		—		—		—			185		—		185
Total distribution fees	561		98		79		7		2			747		—		747
Other revenues	45		1		2		—		—			48		—		48
Total revenue from contracts with customers	1,484		678		94		9		2			2,267		—		2,267
Revenue from other sources (1)	105		11		510		253		342			1,221		3		1,224
Total segment gross revenues	1,589		689		604		262		344			3,488		3		3,491
Less: Banking and deposit interest expense	35		—		—		—		2			37		—		37
Total segment net revenues	1,554		689		604		262		342			3,451		3		3,454
Less: Intersegment revenues	219		13		88		15		(2		)	333		3		336
Total net revenues	$	1,335	$	676	$	516	$	247	$	344		$	3,118	$	—	$	3,118

	Three Months Ended March 31, 2018
	Advice & Wealth Management		Asset Management		Annuities		Protection		Corporate & Other			Total Segments		Non-operating Revenue		Total
	(in millions)
Management and financial advice fees:
Asset management fees:
Retail	$	—	$	480	$	—	$	—	$	—		$	480	$	—	$	480
Institutional	—		111		—		—		—			111		—		111
Advisory fees	691		—		—		—		—			691		—		691
Financial planning fees	68		—		—		—		—			68		—		68
Transaction and other fees	89		48		14		1		1			153		—		153
Total management and financial advice fees	848		639		14		1		1			1,503		—		1,503
Distribution fees:
Mutual funds	190		69		—		—		—			259		—		259
Insurance and annuity	222		45		84		7		1			359		—		359
Other products	145		—		—		—		—			145		—		145
Total distribution fees	557		114		84		7		1			763		—		763
Other revenues	41		1		—		—		—			42		—		42
Total revenue from contracts with customers	1,446		754		98		8		2			2,308		—		2,308
Revenue from other sources (1)	71		24		515		245		322			1,177		61		1,238
Total segment gross revenues	1,517		778		613		253		324			3,485		61		3,546
Less: Banking and deposit interest expense	16		—		—		—		1			17		—		17
Total segment net revenues	1,501		778		613		253		323			3,468		61		3,529
Less: Intersegment revenues	240		12		90		16		(1		)	357		4		361
Total net revenues	$	1,261	$	766	$	523	$	237	$	324		$	3,111	$	57	$	3,168

⁽¹⁾ Revenues not included in the scope of the revenue from contracts with customers standard. The amounts primarily consist of revenue associated with insurance and annuity products or financial instruments.